Tia Ricketts
Referrals for DSCR or CASH OUT REFI Lenders in Pittsburgh area•OUT OF STATE INVESTOR
I have a fully rehabbed property in the Penn Hills area that I am trying to get a cash out refinance for. Asking $75k, expected appraised value is ~ $170k.The house is currently rented for 1800 a month on section 8 so...
Mark S.
Primary Residence: Refi Options - To Cash Out or Not?
I’m weighing options on whether or not I want to refinance my primary residence. I am in no rush necessarily to pay off my home, so we can leave the debt free vs not debate for another thread. I am also only interes...
David Fernandez
How much to borrow when appraisal comes high?
Hi!When you are refinancing a property and the appraisal value comes back way higher than your purchase+repair costs; how much will you borrow? The max the bank gives you to continue growing your portfolio? A prudent ...
Ernesto Hernandez
[Calc Review] Help me analyze this deal - BRRRR
Would you all be so kind as to analyze why this analysis is not Cash Flowing?BRRRR:Purchase price, 75k, rehab 5k. Appraising at 100k. View report*This link comes directly from our calculators, based o...
Shayan Sameer
Seeking Advice on Real Estate Investing Strategies
Hello everyone,
Hope you all had a great New Year! I have a question and would really appreciate your input.
I’ve done a couple of fix-and-flip projects in the past using hard money lenders, but I’ve noticed that th...
Khandbari Rai
Interest only loan pros and cons
I am trying to get interest only loan to scale my portfolio and increase my cash flow. I would refi later . Looking for some inputs. Thanks
Matthew Paetz
Using a 1031 on a cash investment ?
I am starting to get into some of the fine print in the 1031 exchange and I have a question.
Everything I've read regarding the qualifications of a 1031 talks about reinvesting the "profits" of the transaction. I u...
William S.
Need help on BRRRR deal
I'm struggling on the refinance portion of this potential BRRRR deal below:Purchase Price: $30k cash (10% private money interest only)Rehab: $30k (LOC/credit cards). I do full rehabs, plumbing, roof, electrical, windo...
Pierre E.
1031 Exchange - Distributing Equity In MultiProperty Purchase
Hey BP people!Question about options on splitting debt and equity in a 1031 exchange when using it to purchase multiple nee assetsIf you take a property, 1031 exchange it into multiple properties lets say one property...
Dennis O'Loughlin
Section 8 pitfalls?
My wife and I are considering purchasing our first 6 unit apartment building. The numbers are looking good so far but our only question is that 3 of the 6 units are rented to Section 8 recipients. We have never had ...